Affin Hwang Investment Bank Bhd head of retail research Datuk Mohd Nazri Khan expects it would be
PETALING JAYA: Stocks on Bursa Malaysia are likely to, sooner rather than later, be joining an expanding list of major bourses falling into bear market territory, according to Affin Hwang Investment Bank Bhd head of retail research Datuk Mohd Nazri Khan.
He expects it would be “just a matter of time” for the FTSE Bursa Malaysia (FBM KLCI) to pull below the critical 1,600 points support level.
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